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FTX Founder’s Expert Witnesses Face Exclusion in Fraud Trial
29.8.2023
The U.S. Department of Justice filed a motion on Monday seeking to bar all seven of Sam Bankman-Fried’s proposed expert witnesses from testifying in the former FTX CEO’s upcoming fraud trial. Federal prosecutors cited issues with the witnesses’ reliability and accused them...
Venezuelan President Nicolas Maduro Calls for De-Dollarization of the Global Economy
28.8.2023
Nicolas Maduro, the president of Venezuela, has called to de-dollarize the global economy due to the difficulties the current system brings to emerging countries affected by U.S. sanctions. In a message directed to the BRICS leaders, Maduro called to establish alternative settlement systems using...
Mbridge Project Has Observers Worried About Advances of the Digital Yuan
15.8.2023
The Mbridge project, a central bank digital currency (CBDC) international payment system, is starting to worry observers. Such a system, when completed, could ostensibly allow the digital yuan to reach more countries in trade settlements, chipping away at the world dominance of the U.S. dollar...
US Representative Patrick McHenry: Stablecoins ‘Hold Promise as a Pillar of Our 21st-Century Payments System’
8.8.2023
Representative Patrick McHenry, chairman of the House Financial Services Committee, weighed in positively on the launch of PYUSD, a dollar-pegged stablecoin issued by Paypal, a U.S.-based payments company. McHenry stated that if properly regulated, stablecoins “hold promise as a pillar of...
UAE introduces digital identity across service systems
3.8.2023
UAE, the United Arab Emirates, has made a decision to advance its efforts in transforming the region digitally. The most recent development comes in the form of the UAE Pass, a digital identity that grants access to its citizens to over 6,000 services. These include public and private services...
Classic Nintendo Systems Get Beautiful Mechanical Keyboard Tribute Dek
31.7.2023
8BitDo has released countless controllers for every console, old and new. Now it’s getting into the mechanical keyboard frenzy with two models inspired by the NES and Famicom. They’re priced at $100 each with a planned ship-date of August 10.Read more
Ethereum Liquid Staking Sees 270,000 ETH Influx in 2 Weeks
30.7.2023
Recent statistics reveal that in the past fortnight, about 270,000 units of ethereum (ETH) were deposited into liquid staking derivative protocols. Currently, these decentralized finance (defi) staking platforms hold an estimated 10.65 million ether locked within their systems. Ethereum Liquid...
Top 5 South Korean Crypto Exchanges Reveal Compliance Strategies to Curb Illicit Activities
28.7.2023
According to a statement published by the South Korean Financial Services Commission (FSC), the entity’s Korea Financial Intelligence Unit held a meeting with virtual asset service providers (VASPs) in order to strengthen regulatory compliance. The top five South Korean cryptocurrency...
Crypto payment gateway CoinsPaid suspects Lazarus Group in $37M hack
27.7.2023
CoinsPaid said it is now working with Estonian law enforcement and several blockchain security firms are assisting to minimize the impact of the July 22 exploit
Tim Draper Predicts Bitcoin Will Outpace Fiat Currencies, Asserts Its Superiority Over Traditional Banking
26.7.2023
Renowned bitcoin investor and venture capitalist, Tim Draper, envisions a future where bitcoin emerges as a formidable competitor to the world’s fiat currencies. During a recent interview with Fox News, Draper argued that bitcoin’s inherent safety and superiority surpass those...
Central Bank of Russia Discusses Digital Ruble Integration With Other Countries
22.7.2023
The Central Bank of Russia (CBR) is already discussing the integration of its central bank digital currency (CBDC), the digital ruble, with other countries’ payment systems. Elvira Nabiullina, Governor of the CBR, declared the bank was exploring different possibilities of integration with...
A Decentralized Rollup Pilot by Injective and Espresso Systems
21.7.2023
An exciting new collaboration has been announced between Injective and Espresso Systems, a protocol that creates decentralized rollup sequencers. With this partnership, Injective will introduce decentralization into its ecosystem, focusing on Cascade and the wider IBC (Inter-Blockchain...
Cerebras Systems secures $100m AI supercomputer deal with UAE’s G42
21.7.2023
Alongside G42, Cerebras aims to expand this supercomputer, with plans to establish 36 exaFLOPs of AI computing in the coming year
South Korean central bank charts out future course of payment systems, CBDC
19.7.2023
The BOK 2022 Payment and Settlement Systems Report is a forward-looking document with ambitious plans for financial technology in the country
BAE Systems vyvíjejí pro US Navy univerzální systém pro odpalování raket
18.7.2023
Společnost BAE Systems vyvíjí pozoruhodný systém pro válečné lodě amerického námořnictva • Jde o zařízení zvané Next Generation Evolved SeaSparrow Missile Launch System • To poskytne lodím různých typů schopnost odpalovat rakety
Gnosis Lets Crypto Users Make Everyday Purchases From Wallets With Visa
17.7.2023
The crypto-based debit card will allow web3 users to use their stablecoins to pay for products in everyday life
AI systems used in deadly military operations in Israel: Report
16.7.2023
The IDF has reportedly employed AI extensively and has increasingly implemented these systems in various units to establish itself as a global leader in autonomous weaponry
Bots Sending BTC — Lightning Labs Releases New Tools for AI-Bitcoin Integration
11.7.2023
On July 6, Lightning Labs released new developer tools to enhance the intersection of artificial intelligence (AI) and Bitcoin. The layer two (L2) startup introduced a new specification known as L402 and tools that enable AI systems to conduct transactions over the Lightning Network. The Fusion...
Arthur Hayes Insists ‘Bitcoin Will Be the Currency’ of Artificial Intelligence
8.7.2023
In a freshly unveiled blog piece, Arthur Hayes, the former CEO of crypto derivatives platform Bitmex, posits that bitcoin is the prime currency for artificial intelligence (AI). Hayes maintains that moving forward, BTC will be the favored currency for AIs since they “must use a system that...
IMF Working Paper Urges Tax System Overhaul to Tackle Crypto’s Tax Collection Challenges
7.7.2023
A research paper published by the International Monetary Fund (IMF) warns that tax collection is significantly more challenging with cryptocurrency assets, and current tax systems are not designed to handle them. The IMF’s working paper emphasizes that certain crypto assets may not persist...